WWW.BANKPOONLINE.NET Welcome Students Lets learn and explore BANK PO EXAMS: HOW TO PASS THE EXAM SUCCESSFULLY Bank PO exams are one of the most awaited exams by those individuals who aspire to enter the world of banking. These exams are done annually, and there are hundreds or even thousands of people want to pass those exams. Unfortunately, passing the exam is not that easy due to some factors. A bank PO exam may seem easy for some people. But, once you have started to study and learn the different essential aspects in banking, you will find yourself struggling. There are many reasons why most examinees face difficulties when taking exams. These reasons may vary depending on the factors that affect them. Some of the common factors why people encounter obstacles in passing their exams may include time management, knowledge in banking, toughness of the exam, and preparation. Most examinees don’t take studying seriously. They usually take it for granted. There are even some of them who study several days or weeks before the day of the exam. If students will not be aware of the several factors that are affecting their strategies or ways to pass the bank PO exam, they will not succeed in achieving results when taking exams. Fortunately, there is still a way to pass the exam and that is by considering a review course or learning course that can provide you benefits. BANK PO EXAMS: TAKE REVIEW COURSES Review or learning courses for a bank PO or bank clerical exam are the helpful tools that you may consider whenever you are in need of the best way on how to pass the exam successfully. These courses are not those typical courses available in the market. They were designed to help you learn the things you need to know. At present, there are several companies that provide services for review courses on various types of exams. However, you have to take note that not all of them provide the right services you need. Therefore, just seek only the best company for you to enjoy the offered benefits of taking review courses. With the help of review courses, taking bank PO exams will never be a problem to you. It is because you will be provided with the tools and other vital services that will help you perform better when studying about the different aspects covered in banking exams. Plus, you will learn how to study effectively. Review courses are often neglected by most students and other individuals who are getting ready for an exam. But, what they don’t know that taking review courses can be beneficial in various ways because they have features designed to assist you when preparing for the upcoming exam. These features may depend on your needs. Since the features on every review course may vary depending on your needs, you must determine your needs before you decide to avail review courses. If you can’t figure which review courses are best suited for you, you can always call the customer support of your company. They can provide answers and solutions to your concerns. Once you have figured out your needs and which review courses for banking exams are right for you, the only thing that you must worry about is when you want to get started to review your banking subjects. There are lots of benefits that you may enjoy from considering review courses. So, don’t worry about the cost. BANK PO EXAMS: FEATURES AND BENEFITS OF TAKING REVIEW COURSES Review courses feature several things that may help you pass exams without experiencing any inconvenience. Some of these features include performance analysis tools, ready tips and tools, real time reports, and excellent customer support. These features are all designed to provide convenience, benefits, and results. So, there is nothing to worry about. Once you have considered taking review and learning courses, there are numerous benefits that you may experience. One of these benefits is that you will become much prepared with your exam. You will learn the basics in studying and learning various topics like banking that are covered in the exams. Another benefit that you will enjoy from considering review courses is that you will get the right tools and tips needed whenever you are studying or practicing your abilities in logical reasoning, which typically involves non-verbal reasoning. Students will also be taught marketing aptitude, English language, and correct grammar. With review courses, you have the ability to track down or monitor your performance. This just means that you will be able to pinpoint your strengths and weaknesses when studying different scopes covered in the bank PO exams. Once you have focused on strengthening your weaknesses, you can assure that you will pass the exam. With the mentioned features and benefits of taking review courses for your preparation in the upcoming Bank PO exam, there is no doubt that those courses can play a vital role to pass the exam without facing any difficulties and confusions. Other than providing you ease and convenience, such courses can also help you improve your study skills. Taking review or learning courses to pass a bank PO exam may mean an additional cost for everyone, but everything will worth it once you have passed the exam successfully. So, if you don’t want to fail or experience difficulties when taking bank PO exams, consider the review courses because they can make the difference. 0 comments | General MY WEBSITE CAREER OPPORTUNITES & BANKING SCENARIO 7.5 LAKH BANK JOBS The Banking Industry is going to recruit more than 7.5 lakh Officers and Clerks in the next 5-7 years. IBPS (Institute of Banking Personnel Selection, Mumbai) conducts almost 99% Bank Recruitment exams. As per one estimate of IBPS there will be a recruitment of 7.5 lakh persons in the banks in India in the next 5-7 years. Out of which 3 Lakh are only projected in coming 3 years. Banking Industry, post-Nationalization (19th July, 1969), had witnessed a massive expansion of branch net-work which in-turn led to large scale staff recruitment. There was, on an average, 35000 addition in staff strength of clerks and officers per year in the banking industry between 1973 to 1988. (After which there was a freeze on recruitment in public sector banks.) All those persons have started retiring from 2009-10. In 2010-11, there was a recruitment of 48,000 persons in public sector banks alone. IBPS has recently introduced the concept of Common Written Exam (CWE) for Officer and Clerical cadres. In this, the candidates are required to take only one test to be eligible for jobs in Nationalized (20 Participating public sector banks). IBPS has also introduced Online exam Pattern In December 2012. The next few years therefore offer a never before opportunity to the Under-graduates and Graduates of the country to get jobs in the coveted banking sector. STRUCTURE OF INDIAN BANKING INDUSTRY STRUCTURE OF INDIAN BANKING INDUSTRY Reserve Bank of India Act was passed in 1934 & Reserve Bank of India (RBI) was constituted as an apex body without major government ownership. Banking regulations Act was passed in 1949. This regulation brought RBI under government control. Under the act, RBI got wide ranging powers for supervision & control of banks. The Act also vested licensing powers & the authority to conduct inspections in RBI. In 1955, RBI acquired control of the Imperial Bank of India, which was renamed as State Bank of India. In 1959, SBI took over control of eight private banks floated in the erstwhile princely states, making them as its 100% subsidiaries. It was 1960, when RBI was empowered to force compulsory merger of weak banks with the strong ones. It significantly reduced the total number of banks from 566 in 1951 to 85 in 1969. Nationalization of banks was to make them play the role of catalytic agents for economic growth. The Narasimha Committee report suggested wide ranging reforms for the banking sector in 1992 to introduce internationally accepted banking practices. The amendment of Banking Regulation Act in 1993 saw the entry of new private sector banks. It is the banking rules and regulation framework of India which has prevented it from the world economic crisis. In 1949, the Banking Regulation Act was enacted which empowered the Reserve Bank of India (RBI) to regulate, control, and inspect the banks in India. The Banking Regulation Act also provided that no new bank or branch of an existing bank could be opened without a license from the RBI, and no two banks could have common directors. The new policy shook the Banking sector in India completely. Bankers, till this time, were used to the 4-6-4 method (Borrow at 4%; Lend at 6%; Go home at 4) of functioning. The new wave ushered in a modern outlook and tech-savvy methods of working for traditional banks. All this led to the retail boom in India. People not just demanded more from their banks but also received more. It was found in the study of Goyal and Joshi (2011a) that small and local banks face difficulty in bearing the impact of global economy therefore, they need support and it is one of the reasons for merger. Some private banks used mergers as a strategic tool for expanding their horizons. There is huge potential in rural markets of India, which is not yet explored by the major banks. Therefore ICICI Bank Ltd. has used mergers as their expansion strategy in rural market. They are successful in making their presence in rural India. It strengthens their network across geographical boundary, improves customer base and market share CIRRICULUM The system of Common Written Examination has been approved by each of the 19 participating Public Sector Banks and the Indian Banks Association (IBA) with the consent of Government of India. The written examination for this exam is conducted by Institute of Banking Personnel Selection (IBPS) . The Common Written Examination or CWE will be held for the recruitment of Probationary Officers/ Management Trainees posts twice a year. TheInstitute of Banking Personnel Selection (IBPS) has been authorised by Indian Banks Association and has received mandates to conduct these exams. Written Examination Sr. No. Name of Tests (Objective) No. of Questions Maximum Marks Duration 1 Reasoning 50 50 Composite Time of 150 minutes 2 English Language 50 25 3 Quantitative Aptitude 50 50 4 General Awareness (with special reference to banking industry) 50 50 5 Computer Knowledge 50 50 Descriptive Paper on English Composition (Essay, Précis, Letter Writing etc) 25 60 minutes Total 250 250 The above tests except the Test of English Language and Descriptive Paper on English Composition will be printed bilingually, ie English and Hindi. The Descriptive Papers of only those candidates who secure minimum qualifying marks in each of the objective tests will be evaluated.
Posted on: Sun, 24 Aug 2014 12:46:04 +0000
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